Austin: Lincoln Property Company Partners with DivcoWest for Downtown Office Tower
Feature Illustration: Artist rendering of the proposed tower by Neoscape.
Austin (Travis County) — Lincoln Property Company announced that they have partnered with DivcoWest to develop an office tower.
The Republic will be a 833,000 square-foot tower in downtown Austin groundbreaking expected later this quarter.
Located at 401 West 4th Street, the 48-story office tower will offer sweeping views of Lady Bird Lake and a direct connection to Republic Square Park – the building’s historic namesake.
With floor plates averaging 29,000, this transcendent tower is prime for new corporate headquarters or companies looking to expand into the Austin market, according to a news release.
The building’s location across from Republic Square Park was the main driver behind the architectural design of the project. The city’s downtown grid was established when Austin’s first city land lots were sold under the historic oaks of the park in 1839.
Designed by Duda Paine Architects, The Republic honors this legacy through its direct connection to Republic Square by pulling the footprint away from the street and adding a green public plaza to the main entrance that will act as an extension of the park.
In addition to being the only building that opens to a full block of park space in the Central Business District, every office floor of The Republic will feature a private terrace, further connecting tenants to Austin’s distinctive outdoor lifestyle.
“The building represents Austin’s spirit and dynamic lifestyle – and we believe The Republic will be a modern hub for top talent,” said Seth Johnston, senior vice president of Lincoln Property Company in Austin. “We have been intentional about every design feature throughout our process. From the moment you arrive at The Republic, you will be immersed in the beauty of our city, whether from a private terrace, shared amenity space or the ground-level plaza.”
Ground-level elements include a 20,000 square-foot public plaza, restaurant space and additional retail. Drawing in the outdoors throughout the building, the 19th-floor amenity level boasts more than 50,000 square-foot of indoor-outdoor space, including conference rooms, fitness center and spin room, club room with a lounge and bar and a 25,000 square-foot outdoor terrace covered by architectural shade canopies.
The designers emphasized the health and wellness of the office tenants and guests by incorporating touchless access technology, enhanced air-filtration systems, and the pursuit of WELLv2 Core Certification, WELL Health-Safety Rating, LEED Gold Certification, and Austin Energy Green Building Program.
Additionally, those who commute by bike will have access to a private elevator, which will take them directly to secure storage for nearly 350 bicycles, as well as a spa-quality locker room and showers.
The Republic marks the second development project partnership between LPC and DivcoWest in Austin, and DivcoWest’s eleventh overall investment in the market.
“DivcoWest continues to make Austin a key part of its long-term investment strategy given the city’s tremendous job and population growth, ability to attract a talented workforce, and long-term focus on sustainability and green space. The Republic was particularly compelling due to its unique connection to Republic Square Park and plethora of outdoor amenity space,” said DivcoWest Senior Managing Director Michael Provost.
Additional project partners for The Republic include:
Harvey-Cleary: general contractor
HKS: architect of record and sustainability consultant
TBG Partners: landscape architect
WGI: civil engineer
Blum Engineering: mechanical, electrical and plumbing engineer
Art Benavidez (Construction News Reporter, Central Texas) is a seasoned journalist with over 15-years of experience in writing breaking news and in-depth features at the local level. He honed his research and reporting skills in newspapers and magazines throughout South and West Texas along with expertise in crafting digital content as Managing Editor of New Image Marketing Research Corporation. Benevidez is a Texas native and graduate of UT-RGV.